China: COSCO Nantong Hands Over Tender Rig ‘T-15’ to Seadrill

COSCO Nantong Hands Over Tender Rig 'T-15' to Seadrill

The Board of Directors of COSCO Corporation (Singapore) Limited announced, Dec 26th, that COSCO (Nantong) Shipyard Co., Ltd (COSCO Nantong), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a tender rig, “T-15”, to Seadrill.

Seadrill T-15 is a purpose built, self-erecting, tender assisted drilling (TAD) rig pairing an advanced design Light Weight Drilling Equipment Set with an upgraded T-12 type monohull barge. Simultaneous offline stand building, cementing, and electric line logging capabilities combined with a DES designed to rig move using only 3 heavy lifts creates unmatched efficiencies. The new unit is particularly well suited for production drilling on equatorial region continental shelves.

The delivery documents were signed by and between COSCO Nantong and Seadrill on 18 December 2012.

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Shipbuilding Tribune Staff, December 27, 2012